247 W Kings Hwy, Eden, NC 27288
- Retail space
- 5,200 SF
- 0.91 lot acres
Current Use by Public Records
- Cruise Valerie / Employment Agency
- Boyd Amy / Medical Clinic
- Patrick Amy / Employment Agency
- Cox Angela / Employment Agency
- Warren Renee / Employment Agency
Property Details for 247 W Kings Hwy
- Year built
- 1970
- Lot size
- 0.91 lot acres
- Zone code
- HWY BUS EDEN
- Property type
- Retail space
- APN
- 7989-05-09-5113-00
- APU
- 79890509511300
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Apr 12, 2013 | — | Layne Brothers R & E Invs LLC | — | Deed Of Trust · related | $1.3M · Hometrust Bank |
| — | — | Layne Brothers R/e Invs LLC | — | Deed Of Trust · related | $400k · Hometrust Bank |
| — | — | Layne Brothers R/e Invs LLC | — | Deed Of Trust · related | $140k · Hometrust Bank |
Description
This unique Eden, NC property presents a compelling investment opportunity, combining a thriving restaurant and a fully equipped medical office. The front building, approximately 3600 square feet, houses a recently updated restaurant boasting new wiring, plumbing, a tankless hot water heater, a new grease trap, a state-of-the-art fire suppression system, epoxied kitchen flooring, and brand new tables and chairs. A comprehensive list of recent upgrades is available upon request. The rear of the building comprises a 1600 square foot medical office space, complete with a welcoming waiting room, a reception area, six exam rooms, a private office, two half-baths, and a convenient storage room. Ample parking is available for both tenants and patrons. This property benefits from a 2021 appraisal valuing it at $580,000, conducted prior to the extensive renovations. The property is available for purchase or lease. Detailed leasing information is available upon inquiry. This dual-use property offers significant potential for income generation and long-term appreciation, making it an attractive investment in a desirable location. The combination of a successful restaurant and a well-equipped medical office provides a diversified income stream and a strong foundation for future growth.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $440,000
- AI Estimate
- $752,000
Market price range: $134k - $440kMarket price range: $216k - $753k -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $445,000
- AUTO REPAIR, GARAGE
- $380,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Eden
- County
- Rockingham
- State
- North Carolina
- Longitude
- -79.7466
- Latitude
- 36.4929
- CBSA code
- 24660
- CBSA name
- GREENSBORO-HIGH POINT, NC METROPOLITAN STATISTICAL AREA
